Crossword Genius

Retired artist’s payoff, perhaps (6)

Ross

I believe the answer is:

reward

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'retired artist's payoff' is the definition.
'reward' can be an answer for 'payoff' (synonyms). I am not sure about the 'retired artist's' bit.

I don't understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for reward that I've seen before include "Prize; pay-off" , "Something given for achievement" , "Deserved prize" , "Reinforcement for good behaviour" , "It's given for service or attainment" .)

I've seen this clue in The Times.
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